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<br /> a MnRTa11dE l4�DENDUM ���� �O��Q�
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<br /> � Thr lollowiap �r• add�nda to eh� ltortqaq�. Pl�a�� ch�ck th� applicabl� add�ndum. Th�
<br /> •• � �,dd�ndum ch�ck�d �hail b� inaorporat�d into, �nd r�cord�d with, �h� Morcl.QaQ�. Th� t�rm �� W__
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<br /> „ _, 11� lon4 a• th� Mortqap� i� out�tandinq, t!� I.�nd�r may dwaless all �uea� ��our�d by th�
<br /> � �' � • •�... MortQaQ� to b� inn►�diat�ly duo and payabl• i!s
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<br /> , � ., � (a) all or parC ot tbo prop�rty it aold or othsswiso tren�l�rrad (othoz than by d�vi��e� �,�=...._—�
<br /> ,,;%��-. . � d��c�nt or op��eatioa o! law) by eorrow�r to a purchaoar or oth�c trnn�l��N: �:,'_••�•"-�
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<br />' � � � (i) who oanrtoti r�a�o�ably b� �xp�etod to ocaupy thR proporay ae a pri.naipel rowidqnt
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<br /> within a r��►�onabl� timo altor tho aal� or tran�lor, all a• providad i.n 8oction
<br /> . " , 143(c) and 143(i)(1) or th� Int�enal A�vanua Codw o! 1966, ao �mondod: or ����� :
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<br /> (ii) who ha� had � pro�ont ownors h fg inraranc ia a pr inc ipa l res i d e n c e d u r i n q a n y p a r t �;`� '""a °
<br /> `' ot the thra�-yoar p�rfod �ndinq on tha Aat� oi tho �al• or trar�star, all ao providQd ' � °+:.,;; .
<br /> ' � ' fn S�ctioa 143(d) and 143(i)(2y oP tha Iaternal Reveaae Cede (excegt that tha ; ..:.,�, ,�;�;,`�����.=
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<br /> lanquaqa "100 paroa�t" ahall b� �ubatitut�d for •95 p4rcont or mora" whara th� i
<br /> ';`:'•t - � lsttor app�ars in S�c�ion 143(d D(1)s or �����
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<br /> � ' (iii) at an acqufsition cost which ia greator than 9ot of the avQraq� arQa purchaoa pri.c� , _ _.E�„=_
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<br /> .�'•t�; , • (qroater than 110f !or tarqetad araa roeidencea), all a� provided it► Saction 143(Q) , R. �: �.;y..,..
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<br /> '{.�., ,.,„.,,.,, and 143(i) (�) o! th� iatQrnal Rovonuo Coda: or .•�t
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<br /> 'Yd}'`"� � iv who ha� a ro�s famil incomQ in excos� o! the a licablQ Qrc�nta e of a Licable • • .
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<br /> � modian lamily incoaw a� providsd in Sact ion 143(f) and 143(i)(2) oF the Internal '"� ' '"��:`-;`
<br /> � ° '�`�'� � Revanuo Codas or � .�'' ����.���=
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<br /> � � '' "��.�. ;b) Borrowar faila to ocaupy the pro�etity deacribed in thB :lortyage without prior writton 'r;�,;:��•�l�'.��!���
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<br /> conacat o! L�a�er �r it� r11GCPs!l�G�l'9 �r !�an�gna: or ��:`r; •- -_-
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<br />'�� ` '`�''� (c) B o r r o w e r o m i t s o r m i a r e p r e s e n t s a f a c t t h a t i s m a t e r i a l w i t h r e a p e c t t o the provi9ions ��„. , ,� � ,y;yr.. _
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<br /> . .y,i„ of Sacxion 143 ot tha Intornal Revenua Codo in an application for thQ Mortqage• � ,��
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<br /> �, �;t������,;��,�.,'�%�'„r References are to the 1986 Internal Revenue Code in ef�ect on t he da te o f ex e c u t i o n .�.�,_,,;,�t���,�,4~'
<br /> � •. , oP the Mortqage and are deemod to includo tha implementing regulations. ,".~.,"". ��;�:�__
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<br /> VA MORTGAGE ADDENDUM • ;
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<br /> It, so lon aa the Mort a e is outstandin , all or an art oi the Xo ert ia sald or � , �;��� ��''�'`
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<br /> ; o ' tranaforxed by Borrower wit?�out Lender'e prior written consent, other than a transler by ;••i�;;;;�,:;::
<br /> <l�viae, deecent or by operation of laa, the Lender may, at Lender's option, eleclare all the '�;�;��:s:��,��'�ti;;
<br /> ' ! `�'�i sum� aecuz�d by the �lortgage to be i.mmediateLy due and payable. � . �`�}fi9���``
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